Acorn Finance - 5 Steps to your new loan

Go through Steps 1-5 to complete your new loan application. You will need your ID and bank account details handy.
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Loan amount requested

1000900800700600500400

How often do you get paid:

WeeklyFortnightlyMonthly

If loan application is successful, how many repayments do you want to make?

I confirm that I have read, understand, and accept the Privacy Waiver and Consent and the Important Information for Borrowers Statement on this website. I understand and acknowledge that when I click on the â€˜Submit Application' button below , I will be bound by the content of these two documents as though I signed them by hand.

Enter your full name exactly the same as on your Driver Licence, Passport or other ID

First Name

Middle Name

Last Name

Date Of Birth

Gender

Male Female

Employment status: Wages must show on your bank statement as proof of employment

EmployedUnemployedSelf-employed

Have you been with current employer for more than 3 months?

Less than 3 months3 to 6 monthsMore than 12 months

Regular weekly pay after tax:

Mobile Phone

Home Phone

Street Number

Street Name

Suburb

City

CityPostCode

Employer company name

Job title

Other regular weekly income paid into your bank account:

Source of other income:

General living expenses(Weekly):Please total groceries, transport, utility bills and other living expenses. Donâ€™t include rent, or loan repayments.

Rent / Mortgage / Board(Weekly):Work out the amount you pay each week for your rent or mortgage. Only include your portion if you share the rent with someone else.

Loan Repayments(Weekly):If you have other loans total the weekly repayments and enter here. Include credit cards and other card repayments.

Weekly Income after expenses:

$ 0

Number of financial dependents?

01234 or more

Other Loans*How many other loans do you have?

01233More than 5

Total amount owning on other loans

How long ago did you take out your last loan?

NeverIn last 2 months2-4 months ago4-6 months agoLonger than 6 months

I confirm there is no foreseeable reason why I wonâ€™t be able to fully repay this loanThis means there is no change in job status, or no large up-coming bills, and your other financial commitments are manageable

Create a password for future use and password must be between 8 and 20 characters long and must include atleast two numeric characters:

I agree that the information provided in this loan application is true and correct in all respects.

Below are the details of Credit Contract and Disclosure Statement you must consent to after you have read and understood the content. If you dont understand DON'T select the Submit Application button.
Important. Scroll down to end of page to consent to the Credit Contract

Credit Contract

Loan summary

Important

The creditor is required to provide you with this disclosure statement under section 17 of the Credit Contracts and Consumer Finance Act 2003. This contract on these web pages sets out the key information about your consumer credit contract. You should read it thoroughly. If you do not understand anything in this document, you should seek independent advice.
The law gives you a limited right to cancel the consumer credit contract. See the statement of right to cancel below for full details of your right to cancel. Note that strict time limits apply.

This Credit Contract is between you the debtor and
us the Creditor Acorn Finance 2012 Limited, 52C Mokoia Road, Birhenhead, PO Box 34 673 Birkenhead, Auckland 6026, email info@acornfinance.co.nz, fax 09 419 8924. You can contact us by mail, fax or email.

Credit Details

This is the amount owing at the start of the contract including fees

Repayment Schedule

Below are the minimum payments you are required to make and the time specified

Interest

Annual Interest charge annualInterest %

Daily interest charge dailyInterest%

Total interest cost totalInterest

Other charges that may be payable

These charges are not included in the Total Advances under Credit Details above.

Administration fee:

What could happen if you fail to meet your commitments

In the event of a default in payment you must pay the default fees specified below. If a payment dishonours for any reason or you stop making payments, interest will continue to be charged at the loan interest rate until full payment is made.

Default fees
Reminder 1:
Reminder 2:

Early Repayment

You can pay your loan early at any time and will only be charged interest for the time you have the advance.

Right to cancel

You can cancel this loan within 7 days of the date of this contract. You will need to pay back the loan, Establishment Fee and any accrued interest. See Other Important Information below for more details .

Unforeseen Financial Hardship

If you undergo unforeseen financial hardship during the loan period you may be eligible for a special payment arrangement. See Other Important Information below under the section What happens if you canâ€™t meet your repayments for more details.

Dispute Resolution

We have an internal complaints process and undertake to investigate any concerns promptly and fairly. If you are not satisfied with our response, you may then refer the matter to the dispute resolution scheme run by FSCL by emailing info@fscl.org.nz or calling on 0800 347 257. There is no cost to you to use the services of FSCL. See Other Important Information below for more details.

If for any reason you miss a payment, ring us immediately so we can arrange a solution that works and you can manage. If you continue to miss payments and fail to make arrangements, you may be liable for extra interest and default fees. Each time we send a warning letter, email or SMS text, you may be charged default fees of $10. If we have not received a payment after 30 days, your loan will be handed over to our debt collectors.

What happens if you canâ€™t manage your repayments including Unforeseen Hardship

If you have trouble repaying your loan, please contact us as soon as possible. We will work with you to find solutions if you are having problems with your money, or suddenly face hardship.
If you are unable reasonably to keep up your payments or other obligations because of illness, injury, loss of employment, the end of a relationship, or other reasonable cause, you may be able to apply to the creditor for a hardship variation.
To apply for a hardship variation, you need to make an application in writing and explain your reason for the application and request an extension of the term of the contract or request a postponement of the dates on which payments are due under the contract or both. This may help by reducing the amount of each payment.

You must give this application to the creditor as soon as soon as possible. If you leave it for too long, the creditor may not have to consider your application.

We are committed to collecting your past due loans in a caring, compassionate, fair and lawful manner.

Can I cancel the loan?

You have a right to cancel your loan within 7 working days. If you cancel you loan, we can charge you the amount of any reasonable expenses that had to be paid in connection with the Loan Agreement and its cancellation. We can also charge you any interest accrued for the period from the day you received the loan until the day you repaid the balance.

Please refer to the â€˜Statement of Right to Cancelâ€™ on your Credit Contract for full details on your right to cancel and your obligations on cancellation.

How do I make a complaint?

We welcome your feedback and if you are dissatisfied in any way, we are anxious to learn about your concern and then strive to remedy the situation
If you have any issues, concerns or complaint please call or email us â€“ we want you to be completely satisfied with our service. However if this initial attempt to resolve the matter has failed, please address the issue please write or email the manager at Acorn Finance 2012 Limited.(See contact details below). We have an internal complaints process and undertake to investigate any concerns promptly and fairly. We have up to 40 days to respond to your complaint.

We are a member of an independent dispute resolution scheme operated by Financial Services Complaints Limited (â€œFSCLâ€) and approved by the Ministry of Consumer Affairs. If you are not satisfied with our response, you may then refer the matter to FSCL by emailing info@fscl.org.nz or calling on 0800 347 257.

Note that FSCL does not deal with complaints about fees or interest rates unless they are not the same as in your loan agreement. There is no cost to you to use the services of FSCL.

Hours of business

We process new loan applications during business hours Monday to Friday 9am to 4:30pm.

Privacy of Personal Information

When you deal with Acorn Finance, use our website, make a loan application or communicate with us in any way, we collect personal information about you. We strive to protect the privacy of any personal information supplied to us and only use it for the purpose intended. For more information see the Privacy of Personal Information Policy on this website.

Other Terms and Conditions
We, Acorn Finance agree to:

Pay you the Loan Advance amount specified in the Credit Details section when we receive a signed copy of the Credit Contract (or your Electronic Approval if you are a returning client)

Send or provide you with a copy of the Credit Contract

Set up a Direct Debit facility to debit the payments from your bank account according to the Repayment Schedule

Provide you with statements and outstanding balances on request

Notify you of any variations to this Credit Contract before they take effect

Deal with you in a reasonable and ethical manner

Meet all our responsibilities under this Credit Contract

Stop charging any interest if your payments are in default and more than 60 days have elapsed from the opening date of this Credit Contract

Send you reminder advice by email, text message or mail when a payment is missed

Protect and keep private your personal information excluding those provisions in the Privacy Waiver you agree to on application

You agree to:

Pay the amount(s) specified in the Payments section on the due date(s) using the Direct Debit Facility or otherwise by a payment method approved by us

Meet all your responsibilities under this Credit Contract

Make sure all the information you give us is accurate and complete

Notify us of any change in your contact details, your employer or in your financial situation that could affect your ability to repay this loan on time

Confirm you have read the Important Information for Borrowers document on the website or at our premises and agree this loan is right for you

Notify us if you are having difficulties making the scheduled loan payments

Notify us of your intention to cancel any Direct Debit Authority we are using to deduct payments from your bank account.

Pay any default fees due to missed or dishonoured payments as specified in this Credit Contract and pay any debt collection agency fees if defaults are not remedied including legal and recovery costs

Agree to be bound by any electronic communications that we send or provide each other

Other conditions:
You will be in default of this contract if:-

You fail to make a payment to us when it is due or;

You fail to meet one or more of your obligations under this credit contract; or

You are declared bankrupt, or under a No Asset Procedure or Summary InstallmentOrder

1. During any relationship you have with us, you agree that we may collect information about you. You may ask to see information we
hold about you and ask for any details that are wrong to be corrected. We may hold the information and share it with the pers ons
who we consider need it to register a financing statement for the security interest and for the continuance or enforcement of this
credit contract

2. Credit Agencies.

a. In respect of us providing one or more loans to you and undertaking periodic reviews, or for the requirements of the Anti-
Money Laundering and Countering of Terrorism Act 2009, you authorize us to make credit references within our normal
procedures. For this purpose, we may seek from any such source information concerning you.

b. You also authorize the collection and disclosure of all information relevant to your accounts including repayment history
information from/to any credit reporting agency. Credit reporting agencies my use information disclosed by us to update
their credit reporting database, and disclose any information that they hold about you to their customers as permitted under
the Credit Reporting Privacy Code. In addition, we may use any service provided by our credit reporting agencies to receive
updates of the information it holds about you.

c. In the event that you are in default under any credit facility from us, we are authorized to disclose all relevant information
about you, to and for the use by, credit reporting agencies, debt collecting agencies and law firms.

3. We may use any company or agent approved by us to perform any of our responsibilities under this contract. This means they wi ll
have the same specified rights as we have

4. We may transfer all of our obligations in this agreement to someone else. We will advise you if we do this.